The announcement of new key partnerships can always bring a company into the focus of investors in a big way and hence, it wouldn’t be a surprise if Valiant Eagle Inc (OTC: PSRU) is on the radars of many this morning. On Monday the company was in the news after it made an announcement about such a deal and it could be a good time to take a look.
New Partnership
In the news release the company announced that it signed a path breaking new partnership of VE Gaming, its gaming subsidiary, with Nexgen Games Ltd. Nexgen is a United Kingdom based game aggregator and enjoys long term ties with India based Jio Platforms and Reliance Industrial Limited. The agreement was described as a path breaking one for Valiant Eagle since it would bring about a major shift in its global gaming distribution dynamics and open the way to not only the world’s biggest but the fastest growing gaming market.
Key Information
The company further noted that VE Gaming boasts of a number of proprietary games and that includes popular titles like Gator Guise. The games would be made available on Jio Platforms, the biggest and dominant digital ecosystem in India.
Dr. Xavier Mitchell, CEO of Valiant Eagle Inc., expressed his enthusiasm:
This partnership is a monumental leap for VE Gaming and Valiant Eagle. By leveraging Nexgens trusted relationship with Jio Platforms, were entering the worlds second-largest internet market with unmatched momentum. This is not just a partnershipits the start of a global gaming revolution, and we are thrilled to lead the charge.
Fundamentals
| P/E Ratio | – |
| PEG Ratio | – |
| Price to Book | 0.14 |
| Price to Cash Flow | 9.56542 |
| Price to Free Cash Flow | 9.56542 |
| Total Sales (TTM) | 0.86 M |
| Revenue per Share (TTM) | 0.00 |
| Shares Outstanding | 3.481 B |
| Share Float (%) | 3,441.27 M (98.85%) |
| % Held by Institutions | 0.00 |
